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China and the United States currently constitute 60 percent of the company's sales, with Europe accounting for 30 percent, and the remaining 10 percent are shared by the rest of Asia, Africa, the Middle East and Latin America -- but not for long. The company expects Latin American sales to catch up with those of Europe.

China and the United States must work together based on mutual trust and respect, recognizing the major challenges in their relationship and working toward solutions as globalization faces a crossroad following the US presidential election, according to the latest analyses.

China and Vietnam, as close neighbors and emerging economies, should keep to the general direction of bilateral relations, meet each other half way and create a good atmosphere for the 70th anniversary of the establishment of diplomatic ties, Premier Li said.

China Mobile, the country's largest telecom carrier by mobile subscribers, also said in June it will hold an esports competition in 400 universities across 18 regions. The competition will be broadcast online through 5G technologies and run from July to November.

China National Nuclear Co signed an agreement with TerraPower in September 2015 to jointly develop traveling-wave reactors, the first time such cooperation has been undertaken since 1985, when China and the US signed a cooperative agreement in nuclear energy. A joint venture was established by the two companies and some other Chinese energy suppliers this September.